Vietnam’s total trade turnover reached 511.11 billion USD in the first eight months of 2024, marking a 16.7% increase compared to the same period last year.
Vietnam’s export value of pepper reached nearly 630 million USD in the first six months of 2024, an increase of over 30% compared to the same period in 2023.
Vietnam’s total export-import turnover hit 368.53 billion USD in the first half of this year, up 15.7% year-on-year. Exports increased by 14.5% and imports by 17%. The trade balance showed a surplus of 11.63 billion USD.
Vietnam’s total registered foreign investment reached nearly 9.27 billion USD in the first four months of the year, up 4.5% compared to the same period last year. The total import-export turnover of goods reached 238.88 billion USD, up 15.2%.
The total export turnover of agricultural, forestry, and fisheries products in the first three months of 2024 is estimated to reach 13.53 billion USD, an increase of 21.8% compared to the same period of 2023.
Vietnam continued its streak of trade surpluses in 2023, making it eight consecutive years, with an estimated 26 billion USD, or nearly triple the figure in 2022 and a new record.
In the first eight months of this year, Vietnam earned 3.45 billion USD from exporting vegetables and fruits, up 57.5% year-on-year and exceeding last year’s export turnover of 3.16 billion USD.
Vietnam’s total import-export turnover of goods hit 374.23 billion USD in the first seven months of this year, with the country posting a trade surplus of some 15.23 billion USD.
Vietnam’s garment-textile sector strives to achieve a total export value of 68-70 billion USD, according to the development strategy for the apparel and footwear industry to 2030, with a vision to 2035.
Four export commodities posted turnover of more than 5 billion USD in the first quarter of 2023, accounting for 52.8 percent of Vietnam’s export turnover.
Data from the General Department of Customs shows in 2022, China is Vietnam's largest trading partner with a total two-way trade turnover of 175.57 billion USD, followed by the US (123.86 billion USD), the Republic of Korea (86.38 billion USD) and Japan (47.61 billion USD).
Under a strategy to develop garments, textiles and footwear by 2030 with a vision to 2035, Vietnam aims to gain 38-39 billion USD in export turnover from leather and footwear products by 2030.
Vietnam’s import-export turnover reached 46.56 billion USD in the first month of 2023, down 25% year on year. However, the country still enjoyed a trade surplus of 3.6 billion USD in the month.
As many as 26 commodities posting export turnover of more than 1 billion USD in the first five months of 2022, accounting for 89.6 percent of Vietnam’s export turnover. Of them, six items enjoyed turnover exceeding 5 billion USD, making up 62.3 percent.
Vietnam's total import-export revenue was estimated at more than 316.7 billion USD in the first six months of 2021, according to the General Statistics Office.